Business
Wressle Update: EA Mining Waste Permit Variation
Wressle Update: EA Mining Waste Permit Variation.
About this update from Upland Resources Ltd
[{"type":"text","content":"\n \nRNS Number : 5922F Upland Resources Limited 19 May 2017 \n\n19 May 2017\nUPLAND RESOURCES LIMITED\n(\"Upland\" or the \"Company\")\n \nWressle Update: Issue of EA Mining Waste Permit Variation\n \nUpland Resources Limited, the oil and gas company actively building a portfolio of attractive upstream assets, is pleased to note the issue by the Environment Agency of the variation to the Mining Waste Permit for the planned Wressle Field development and associated operations. \n \nThe permit is a key regulatory approval in the proposed development of the Wressle Field and lends support to the new Planning Application submitted by Egdon Resources (\"Egdon\" or the \"Operator\") on 28 April 2017. Validation of this Application is expected in the coming weeks. \n \nUpland's wholly-owned subsidiary, Upland Resources (UK Onshore) Limited (\"Upland UK\"), entered into a conditional agreement dated 24 November 2016 for the farm-in by Upland UK (by way of assignment from Europa Oil & Gas Limited) to a 10% interest in each of petroleum exploration and development licences (\"PEDLs\") 180 and 182, including the Wressle Field development (the \"Wressle Farm-in Agreement\"). Completion of the Wressle Farm-in Agreement is conditional on receipt of certain planning and other approvals which may be waived at Upland's discretion.\n \nSteve Staley, Upland Resources CEO, commented:\n \n\"We are very pleased to see this validation of the proposed Wressle development by the Environment Agency. This represents another significant step toward the start of production there.\" \n \n**Ends**\nContact details:\n\n\n\n\nUpland Resources Limited\n\n\nwww.uplandres.com\n\n\n\n\nSteve Staley, CEO\n\n\[email protected]\n\n\n\n\nOptiva Securities Limited\n\n\nwww.optivasecurities.com\n\n\n\n\nJeremy King (Corporate Finance)\n\n\nTel: +44 (0)20 3137 1904\[email protected]\n\n\n\n\nChristian Dennis (Corporate Broker)\n\n\nTel: +44 (0)20 3411 1882 \[email protected]\n\n\n\n\nFTI Consulting\n\n\n\n\n\n\n\nEdward Westropp\n \n\n\nTel: +44 (0)203 727 1521\[email protected]\n\n\n\n\nFlowcomms Ltd\n\n\n\n\n\n\n\nSasha Sethi\n\n\nTel: 07891 677441\[email protected]\n\n\n\n\n \n \nNotes\nUpland is an upstream oil & gas ...